The thing about trade, especially international trade is that as it currently is, it tends to favor already established nations over poorer ones, further compounding the poverty-debt cycle for poorer nations. We see cases where two countries claim to be partners in trade, but one is responsible for almost all the exports involved in the partnership, while the other serves as a dumping ground for all sorts of imported items.

This fact is completely true. For instance, in 2012, there was a bilateral trade agreement between Germany and Nigeria relating to loan and the Germans said they'll help construct roads for Nigeria. This is a good trade agreement but the challenge was that the Germans said they'll come with their engineers and tractors from Germany. Once this is accepted, then there will be capital flight and the Nigerian government will receive nothing in turn. Thanks for sharing.

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